Global stocks mostly rise as investors mull French election
TOKYO (AP) — Global stocks were mostly higher Monday as investors pondered the outcome from the first round of the French presidential election.
After the weekend vote, centrist Emmanuel Macron and far-right populist Marine Le Pen are advancing to a runoff in France's presidential election.
The outcome could lead to a reshaping of the country's political landscape and set up a showdown over France's participation in the European Union.
The first round election result was very much in line with earlier poll results, Margaret Yang Yan, market analyst at CMC Markets Singapore, said in a commentary.
The Chinese Insurance Regulatory Commission, in a notice carried by the state-run Xinhua News Agency, ordered insurers to improve risk controls amid a crackdown on misuse of capital.